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Fairbanks Condominium Directory - 2008 Market Review

By
Home Builder with Jesse Clifton & Associates AREC License #15292
Fairbanks Alaska Condominiums... All the benefits of home ownership without all the work. Sound good? If so, a Fairbanks condominium might be perfect. Fairbanks has a wide variety of condominium projects to choose from starting with a cozy 1 bedroom 1 bath flat for $88,000 to a stunning new condominium development on the Chena River for $350,000.

Most Fairbanks condominium fees include heating oil/natural gas, water/sewer, lawn care, snow removal, refuse service, structural insurance and building maintenance. There are a handful of condominiums that include everything listed above except heating oil/natural gas. For those select developments the condominium fees are generally considerably less.

Although 2008 brought an increase in the average cost of a Fairbanks Condo, it also brought a slightly longer marketing time and fewer condo's sold overall. Many buyers said the rising HOA dues were a significant factor in their looking at other housing options. Several area condo associations saw their monthly dues climb past the $600/month mark.

Search the Fairbanks MLS for available condominiums then call or email us with any questions or to arrange a personal tour.


Below you'll find a comprehensive list of the condominium developments in Fairbanks and North Pole as well as the reported sales, average price, days on the market and homeowners association dues.

Advanced Townhomes Condominiums

ADVANCED TOWNHOMES CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 2 $194,000 68 UNK
2006 22 $189,200 215 $328.11
2007 2 $206,000 77 $446
2000 1 $194,000 55 $458


Aurora Estates Condominiums

AURORA ESTATES CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 2 $77,900 38 $250
2000 1 $78,000 10 $263
2001 --- -- -- --
2002 1 $84,900 6 $273
2003 --- -- -- --
2004 3 $106,800 6 $289
2005 --- -- -- --
2006 --- -- -- --
2007 --- -- -- --
2008 1 $150,000 270 $420


Beaver Springs Condominiums

BEAVER SPRINGS CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 1 $95,500 15 UNK
2001 2 $95,075 7 $100
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 3 $119,433 57 $100
2006 1 $132,500 37 $100
2007 --- -- -- --
2008 1 $118,000 321 $0.00


Complex 825 Condominium

COMPLEX 825 CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 --- -- -- --
2006 --- -- -- --
2007 2 $165,000 32 $295
2008 --- -- -- --


Blevins Condominiums

BLEVINS CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 0 -- -- --
2000 0 -- -- --
2001 1 $48,000 228 $250
2002 1 $50,000 N/A $263
2003 0 -- -- --
2004 0 -- -- --
2005 1 $83,000 56 $263
2006 2 $85,250 223 $283
2007 1 $55,000 312 $220
2008 --- -- -- --


Bryn Mawr Condominiums

BRYN MAWR CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 3 $64,333 52 $227
2000 3 $65,800 48 $227
2001 3 $71,667 84 $235
2002 1 $69,600 4 $224
2003 --- -- -- --
2004 4 $95,225 16 $253
2005 6 $103,717 30 $306
2006 4 $116,350 39 $353
2007 5 $128,300 19 $384
2008 5 $113,200 66 $386


Castle Place Condominiums

CASTLE PLACE CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 14 $60,236 97 $163
2000 13 58,712 335 $175
2001 27 $57,300 352 $173
2002 7 $60,539 20 $161
2003 --- -- -- --
2004 8 $81,350 9 $170
2005 3 $87,667 20 $191
2006 8 $91,862 80 $232
2007 2 $109,326 35 $207
2008 6 $105,000 57 $242


Cedar Plaza Condominiums

CEDAR PLAZA CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 1 $34,500 112 $150
2001 3 $48,167 334 154
2002 1 $45,500 1 $150
2003 --- -- -- --
2004 2 $49,900 5 $150
2005 --- -- -- --
2006 --- -- -- --
2007 1 $70,000 8 $200
2008 1 $85,000 38 $275


Dartmouth House Condominiums

DARTMOUTH HOUSE CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 1 $26,000 7 $150
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 1 62,500 15 $170
2005 --- -- -- --
2006 1 $67,500 145 $200
2007 --- -- -- --
2008 --- -- -- --


Destinations North Condominiums

DESTINATIONS NORTH CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 --- -- -- --
2006 --- -- -- --
2007 --- -- -- --
2008 --- -- -- --


Denali Estates Condominiums

DENALI ESTATES CONDOMINIUMS

Year Units Sold Average Price Average DOM Average HoA Dues
1999 1 $117,500 1 $280
2000 3 $100,333 57 $231
2001 1 $87,500 80 $226
2002 2 $112,950 162 $263
2003 --- -- -- --
2004 1 $132,500 8 $284
2005 1 $140,000 53 $248
2006 4 $154,000 44 $302
2007 --- -- -- --
2008 --- -- -- --


Eagles Nest Condominiums

EAGLES NEST CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 7 $190,018 102 $363
2006 9 $205,190 224 $363
2007 2 $216,250 35 $362
2008 3 $205,000 262 $387


Eldorado Estates Condominiums

ELDORADO ESTATES CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 2 $110,500 42 $249
2000 1 $125,000 205 $259
2001 4 128,500 278 274
2002 5 $112,500 189 262
2003 --- -- -- --
2004 1 $137,000 31 $270
2005 6 $160,500 21 $385
2006 2 $164,500 72 $385
2007 4 $162,500 42 $416
2008 3 $171,667 99 $344


Georgetown Commons Condominiums

GEORGETOWN COMMONS CONDOMINIUM - Fairbanks, Alaska ALIGN=

Year Units Sold Average Price Average DOM Average HoA Dues
1999 1 $45,000 55 $194
2000 8 $57,867 140 $203
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 1 $89,900 4 $UNK
2005 4 $82,475 22 $236
2006 2 $96,750 18 $255
2007 1 $92,500 3 $246
2008 1 $125,000 7 $296


Gold Crest Estates Condominiums

GOLD CREST ESTATES CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 1 $87,500 115 $100
2000 --- -- -- --
2001 4 $98,975 35 $100
2002 1 $127,890 4 $100
2003 --- -- -- --
2004 --- -- -- --
2005 --- -- -- --
2006 1 $155,000 7 $160
2007 --- -- -- --
2008 1 $152,250 94 $170


Hamilton Estates Condominium

HAMILTON ESTATES CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 2 $74,000 55 $237
2000 4 $95,833 81 $225
2001 1 $77,000 58 238
2002 2 $68,250 114 231
2003 --- -- -- --
2004 3 $91,333 26 $263
2005 --- -- -- --
2006 3 $109,750 19 $335
2007 3 $127,167 42 $328
2008 2 $130,750 47 $342


Linck Estates Condominiums

LINCK ESTATES CONDOMINIUMS

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 1 $170,000 53 $362
2003 --- -- -- --
2004 1 $165,000 216 $350
2005 --- -- -- --
2006 1 $185,000 84 $350
2007 2 $187,500 66 $390
2008 1 $195,000 127 $448


Marika Royal Condominiums

MARIKA ROYAL CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 2 $91,200 35 $230
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 1 $160,000 111 $380
2006 --- -- -- --
2007 1 $169,000 27 $400
2008 --- -- -- --


Mayfair Condominiums

MAYFAIR CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 1 $149,500 139 $325
2005 9 $142,111 68 $325
2006 4 $148,000 --
2007 -- -- -- --
2007 2 $153,500 48 385


Nantucket Square Condominium

NANTUCKET SQUARE CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 12 $113,625 73 $280
2005 17 $121,393 57 $287
2006 8 122,158 49 $272
2007 7 $137,486 19 $294
2008 4 $143,000 35 $509


Park South Condominium

PARK SOUTH CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 1 $46,500 59 90
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 1 $55,000 21 $165
2005 --- -- -- --
2006 1 $78,000 138 $125
2007 --- -- -- --
2008 1 $69,900 33 $275


Regency Park Condominium

REGENCY PARK CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 2 $39,500 43 $220
2000 --- -- -- --
2001 3 $39,000 66 $220
2002 1 $45,000 22 $220
2003 --- -- -- --
2004 --- -- -- --
2005 --- -- -- --
2006 3 $67,467 53 $260
2007 1 $69,900 186 $250
2008 1 $90,000 20 $300


Ridgetop Condominium

RIDGETOP CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 2 $52,125 43 $195
2000 1 $60,000 41 $200
2001 --- -- -- --
2002 1 $68,500 3 $190
2003 --- -- -- --
2004 --- -- -- --
2005 3 $87,333 30 $222
2006 5 $89,100 40 $266
2007 1 $105,000 N/A $360
2008 --- -- -- --


River Bend Condominiums

RIVER BEND CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 --- -- -- --
2006 --- -- -- --
2007 1 $350,000 N/A $185
2008 1 $350,000 164 $185


Riverside West Condominiums

RIVERSIDE WEST CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 3 $88,800 77 $254
2000 2 $104,200 22 $266
2001 4 $110,875 19 $264
2002 4 $119,800 62 261
2003 --- -- -- --
2004 1 $149,900 52 $272
2005 2 $141,000 48 $290
2006 1 $186,000 45 $295
2007 --- -- -- --
2008 --- -- -- --


River View Villas Condominiums

RIVER VIEW VILLAS CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 3 $72,833 71 $255
2000 1 $77,000 N/A $250
2001 2 $78,250 27 $250
2002 1 $83,000 8 $250
2003 --- -- -- --
2004 --- -- -- --
2005 1 $126,000 80 $305
2006 1 $130,500 45 $295
2007 2 $135,500 34 $370
2008 2 $144,500 26 $370


Sprucewood Court Condominium

SPRUCEWOOD COURT CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 1 $47,000 55 $175
2000 3 $46,500 92 -$178
2001 1 $53,000 2 $185
2002 --- -- -- --
2003 --- -- -- --
2004 1 $70,000 71 $185
2005 1 $75,000 12 $205
2006 3 80,427 58 $218
2007 1 $88,000 N/A UNK
2008 1 $79,500 124 250


Sun West Estates Condominium

SUN WEST ESTATES CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 3 $54,833 70 $192
2000 3 $67,167 21 $231
2001 --- -- -- --
2002 3 $63,300 16 $207
2003 --- -- -- --
2004 6 $90,583 44 $245
2005 4 93,960 41 $290
2006 2 $96,250 69 $304
2007 1 $106,000 7 304
2008 1 $103,000 N/A 311


Tanana Manor Condominium

TANANA MANOR CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 1 $42,000 116 $185
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 --- -- -- --
2006 1 $78,900 59 $303
1007 -- -- -- --
2008 -- -- -- --


The Villages Condominium

THE VILLAGES CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 5 $105,000 61 $275
2005 9 $96,000 76 $262
2006 5 96,980 84 $332
2007 1 $131,000 58 $400
2008 1 $85,000 41 $370


Townsite Commons Condominiums

TOWNSITE COMMONS CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 1 $95,500 13 $145
2001 1 $95,500 N/A $150
2002 1 $109,000 39 $157
2003 --- -- -- --
2004 --- -- -- --
2005 1 $145,000 42 $175
2006 2 143,950 37 $175
2007 --- -- -- --
2008 --- -- -- --


University Estates Condominium

UNIVERSITY ESTATES CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 --- -- -- --
2001 2 $55,500 285 $275
2002 6 $56,132 603 $275
2003 --- -- -- --
2004 4 $83,375 22 $275
2005 1 $96,000 66 $175
2006 --- -- -- --
2007 5 $104,380 68 $400
2008 --- -- -- --


University Manor Condominiums

UNIVERSITY MANOR CONDOMINIUMS - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 2 $88,125 256 $132
2000 --- -- -- --
2001 2 $85,250 28 $189
2002 --- -- -- --
2003 --- -- -- --
2004 1 $124,900 30 $305
2005 1 $125,000 121 $289
2006 --- -- -- --
2007 1 $164,000 24 $312
2008 --- -- -- --


University Park Condominium

UNIVERSITY PARK CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 3 $47,000 109 $235
2001 3 $48,672 55 $248
2002 4 $46,875 57 $243
2003 --- -- -- --
2004 7 $65,928 134 $246
2005 4 $73,750 62 $273
2006 2 $81,375 30 $290
2007 4 $74,225 16 $315
2008 --- -- -- --


Village Green Condominium

VILLAGE GREEN CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 --- -- -- --
2000 1 $83,000 28 $295
2001 --- -- -- --
2002 --- -- -- --
2003 --- -- -- --
2004 --- -- -- --
2005 3 $136,633 20 $350
2006 3 $150,083 84 $417
2007 3 $160,833 41 $458
2008 1 $161,650 55 $385


Wickersham Place Condominium

WICKERSHAM PLACE CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 -1 $75,000 167 $200
2000 1 $68,000 8 $200
2001 3 $70,167 100 $255
2002 1 $83,700 48 $261
2003 --- -- -- --
2004 --- -- -- --
2005 --- -- -- --
2006 1 $82,000 N/A $255
2007 1 $130,000 23 346
2008 1 $99,900 72 $407


Williamsburg Commons Condominium

WILLIAMSBURG COMMONS CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 1 $75,000 135 $245
2000 5 $74,300 83 $259
2001 1 79,500 107 $UNK
2002 3 $80,000 60 $251
2003 --- -- -- --
2004 3 $99,333 6 $261
2005 4 $91,500 41 $301
2006 --- -- -- --
2007 1 $114,500 29 $380
2008 1 $135,000 50 $491


Woodridge Park Condominium

WOODRIDGE PARK CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 2 $30,950 204 $215
2000 2 $40,000 219 $180
2001 1 $47,000 87 $160
2002 1 $54,000 37 $160
2003 --- -- -- --
2004 2 $69,250 27 $203
2005 2 $60,000 32 $207
2006 2 $67,850 92 $250
2007 2 $81,500 34 $287.50
2008 --- -- -- --


Woodside North Condominiums

WOODSIDE NORTH CONDOMINIUM - Fairbanks, Alaska

Year Units Sold Average Price Average DOM Average HoA Dues
1999 5 $124,300 68 $150
2000 2 $125,750 4 $150
2001 4 $134,125 20 $160
2002 5 $138,940 19 $160
2003 --- -- -- --
2004 3 $147,467 21 $162
2005 5 $184,300 34 202
2006 6 $202,833 76 $266
2007 4 $846,000 110 $269
2008 1 $189,250 91 $435
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Comments(4)

Susie Blackmon
Ocala, FL
Ocala, Horses, Western Wear, Horse Farms, Marketing

Very nice directory! Nice showing the pictures for your clients/fans!

Feb 01, 2009 08:33 PM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Jesse,

Are condos your primary lifestyle up there?  You do have a lot of them.

Feb 02, 2009 12:37 AM
Jesse Clifton
Jesse Clifton & Associates - Fairbanks, AK

Thanks, Susie

Don - No, condos make up just 5% of our (Fairbanks MLS Board) annual residential real estate sales. If the dues aren't bad they're a great lower cost housing option.

Feb 02, 2009 03:07 AM
JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate

Lots of great info on condos, emphasis on lots. Take care Clifton.

Feb 02, 2009 04:20 AM